MPC Container Ships (MPCC) has fixed a traditional panamax for higher than last done.

That suggests the container charter market may be bottoming out, or the decline is at least slowing, chief executive Constantin Baack said.

The Oslo-listed company has fixed the 4,256-teu AS Emma (built 2010) with Singapore-based operator SeaLead for six to eight months at $31,000 per day.

That signals a rise in the market, although brokers believe the deal is an all-in rate that includes a scrubber premium of $5,000 per day.